ences Mailings Review View Help Enable Editing an contain viruses. Unless you need to edit, it's safer to stay in Protected View. PROBLEM 12. (Journalizing and Adjusting Entries) Chart of Account H Clinton started a hair salon called Hillary's Doos. In Assets: Revens: December of 2007, she rented a small comer suite in the 101 Cash 402 Salon Revenge 104 Accounts Recebe local mall and hired a shop girl to help with the customers, 110 Prepand Rent Expense: Her chart of accounts is as pictured on the night 112 Prepaid Insurance 511 Wages Expertise 131 Salon Supplies 514 Advertising Expense 181 Store Equipment 515 Reet Expense 190 Accumulated Depreciation 519 Telephone Expense Required #1 Using Quickbooks accounting software, Liabilities: 520 Scion Supplies Expense restore opon Hilary's Doos. After company is open, To 202 Accounts Paable 525 Depreciation Expertise personalize the company name, go to the Company 209 Wages Payable 527 Insurance Expense link at the top of your screen and then scroll down to 530 Les Experts Company Information. Place your cursor at the end Owner's Equity 550 Msoneous Experte of the company name and add your name. Click OK 311 H Clinton, Capital 312H Cinton Drawing to store the changes Enter the following transactions for the first three months of business for Hillary's Doos (Click Accountant on the main menu and select Make General Journal Entries to open the General Journal Entry window. Remember to change your date for each transaction.) Dec 1 Hillary invested cash in the business, $30,000 2 Purchased Salon Equipment for $6,000 Paid $3,000 immediately but put the rest on account. (Name field use - Equipment store as the vendor) 5 Purchased salon supplies for cash, $500 7 Purchased a sx-month insurance policy for $1.200 Prepaid 3 months rent in advance $1,500 Paid an additional $550 on the salon equipment purchased earlier Name field use - Equipment store as the vendor) Salon revenue received during the week was $3,500 Paid the telephone ba $45 20 Recerved the other utility bills for water and electric $420. These are due next month (ret. Aces Pa) (Name field use - Utilities Company) 21 Salon revenue received during the week was $2.100 23 Received the advertising bill. $90, it is due in 30 days (Name field me - Newspaper listed) 25 Paid the part-time worker, 5280 30 Hillary withdrew $80 for a night out with friends Req 2 Print the Trial Balance as of 12/31/15 (Click Reports on the main menu Accountant and Taxes Trial Balance to display your report Be sure to change date) (check figures Cash=528 445 Salon Rever $5 600 and total = $38.560) Rea 13: Make the necessarvadiustina lournal entries reauired for the followina "Hint enter the disting oumal LSM 9 11 14 16 OD